Government adopts new minimum labour price of RSD 32,126.
At the session held on 15 September 2020, the Government of the Republic of Serbia adopted the Decision on the Amount of the Minimum Labour Price for the period January 2021 – December 2021, which determined the amount of RSD 183.93 (net) per working hour regardless of the month for which the payment is made. The said amount equals RSD 32,126 per month.
Social and Economic Council of the Republic of Serbia decided on its session to increase the minimum price of labour for 6.6%, comparing to 2020.
The current minimum labour price of RSD 172.54 per hour is valid for all payments that will be made until 31 December 2020.
By Jelena Nikolic, Partner, and Andrea Cvetanovic, Senior Associate, JPM Jankovic Popovic Mitic